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Search Results 0 to 49 of about 58 (some duplicates have been removed)
about this, that the obama plan. >> let me finish the point. the obama plan finishes the rate on the top 2% will have virtually no impact on job formation. >> i resemble your remark about facts and opinions, we have both on this show. >> let's hear the data. >> brenda: gary b, youo right to it. >> you know, julian has his study and you know, the other side hasnother study, ernst & young-- >> no, they don't. >> the report. >> wait, julian, you've got to let me finish, okay? they have a study saying, raising the taxes on the rich would cost 700,000 jobs. the cbhich julian likes said that just if we allowed all the bush tax cuts to expire and the-- the amt, the alternative minimum tax would be addressed, that's 1.8 million jobs, so, no matter how you cut it, even if we just looked anecdotally julian doesn't like. he's a wealthy guynd earnings a lot of of money, ifs' less money to his bottom line next year, i guarantee julian will have to cut back on the landscaping that he does and probably the guy that dves his car, and all of that other stuff. it just doesn't make sense from where you loo
raising rates is a matter of principle. there was no principle involved. obama himself said at a briefing in july 2011 press conference that you can raise the $1.20 trillion that he wanted at the time without raising rates, by doing it by eliminating deductions and exclusions, which is the more rational way. obama's, and debt reduction commission had recommended that you raise tens of revenue for the federal government, you do tax reform, and you actually lower rates while you expand the base, and the reason is that if you raise rates, you injure economic expansion, if you lower them, you exhilarated, and by making deductions, you make the tax system a more fair wind. you have the lawyers who work around the rates and and they have lobbies -- >> may i say -- >> no principle involved? >> i heard the july 2011 statement argument first ramesh lemmel. -- first from rush limbaugh. i think i heard it from drudge -- >> did you see it on tape? >> i know where it comes from and you repeated quite well. rates first?h bill clinton did who changed it again, george w. bush. they thought it made sense.
president obama need to call the debt deal a victory? raise the tax rate for the rich? that's at the top of the list but besides this and getting a deal done on time, what would really stuff the president's stocking, giving him a fresh start for his second term. shopping days, what would it take to make everyone happy or equally unhappy? a cut in government spending, a squeeze on medicare and medicaid. anything else? and finally hillary, clintons, both of them, global figures abroad, political superstars at home. to become in the four years, does she just have to wait? would anyone challenge her for the prize? could a hot new republican give her trouble, or cause her not to run? i'm chris matthews, welcome to the show. with us today, john harris, kelly o'donnell, michelle caruso-cabrera and david ignatius with "the washington post." first up, will president obama convince republicans to give him a compromise that's big enough, sweeping enough to end this month on a high note? to cap off his election win and get a clean start on his second term. a victory for the president would look like
're not president obama. they've been willing to say we're willing to raise the tax rates all the way up to the clinton rate, 39.6%. can you give us some specifics of things you would consider cutting in terms of social programs and in terms of entitlement reform? >> the bottom line, chris, is that would be negotiating against ourselves. president obama agreed -- >> isn't that what they just did? >> no. the bottom line is democrats, led by our president almost uniformly say here's our first 1.2 trillion of getting to the 4 trillion. revenues. it's up to the republican leadership prodded correctly and boldly by senator corker and others to say they'll go along with this and then we'll negotiating on the other side. it makes no sense to negotiate against ourselves? do you buy that, senator corker? >> look, chris. we have to have a $4.4 trillion solution. i know senator schumer, i've talked with him numbers of times. he knows what we need to do and most republicans and democrats do. i think it's time for the president, he knows that there's a growing body of folks willing to look at the rat
is clear that the tax rates have to go up. obama has given in on this before and so there's pressure on him. there's a lot of pressure on house democrats so i think if they can come to some sort of agreement on the rate and if republicans are willing to push the other stuff to next year, that's a deal. i mean -- >> but i think what argues against a big deal that includes any sort of cuts for instance up front on the entitlement side is republicans, if tax -- tax rates are going up either way either because you're going over a cliff or because the president will force you into a deal. they don't want to take responsibility for the economic fallout that comes. so if they agree to a big deal that includes spending cuts their fingerprints are all over it. it's likely they'll send something that extends the tax rates and say we'll see you next year at the debt ceiling debate. the middle class hostage will be dead and then we will -- we think we'll have more leverage for cuts. >> chris: juan, the president we just heard last week has a new demand. he wants unilateral authority to raise the debt l
would be a benefit to this plan, also, i don't think barack obama minds in the tax rates go up on the middle income people as well. >> paul: he's promised-- you're saying-- >> the ultimate win is to have all of that new revenue for the government and being able to blame it on the republicans. >> paul: wait a minute, if you're saying we go over the cliff, nothing happens in december, come january the president will not turn around and insist on andis ... >> well, things in the middle east went from bad to worse this week with reports to the syrian military is preparing temp cal weapons that could be used against its own people, it's awaiting final orders from president assad. this as protesters clash with supporters of mohammed morsi outside the presidential palace in cairo egypt. in that country's largest confrontation since the uprising of hosni mubarak. we're back with daniel henninger and editorial board member matt comiskey. so, bret. we were told if we did intervene in syria we could see chemical weapons used, civil war and radicalization and perhaps a regional conflict.
a dl. if they don't rely on those rates, wwill go over the cliff and will be their f fall. >> nina? >> everybody can see the outlines of the deal. the numbers are thehere. the reason that president obama won't, i think just be totally recalcitrant about this is if we get this deal done, according to a number of f top financial people i talked to this week the economy is likely to take off and save a l of grief and make everybody feel a lot better. congre will benefit from that as well as the president. that is why he needs to get it done. >> in the senate, who is likely to move on this? olympia snowe? lugar? scott brown? >> you have identified some of the usual sususpects. the problemsproblem republicans have iss this -- you have people like scott brown in massachusetts, linda lingle in hawaii heather wilson in new mexico who were good statewide candidates with good credentials who lost for one reason -- they had "r" next to their name. it did not hurt heidi heidkamp or jon tester. this is an albatross for the republicans to deal with. the president knows he has the advantage, and
-called fiscal cliff that it could imperil any gains we're making. >> the associated press said president obama's approval rating is higher it's been since osama bin laden was killed so the president is riding high right now. >> he is. he's just been re-elected and that helps. there's no question he's going to use all of this as leverage. republicans i talked to on capitol hill they'll concede on the tax issue he has the leverage. if he wants to increase taxes on wealthier americans, he can find a way to do that. how much, though, is he willing to risk his relationship on capitol hill for? don't forget, there are other things they want to get done. i think both sides would like to figure out a big debt deal, get that off the table and move on. if they can't, it will poison that well for a couple of years to come. >> the other big talker across the country, gay marriage and what's going on in washington state as of thursday in maryland as of what we had thursday as well, right? january 1st. but people could start signing up for their marriage licenses. >> nine states now around the country that
of a compromise that may or may not be in the works. an increase in the top marginal tax rate, short of what obama has been asking for, but still an increase and changes to medicare with the eligibility age in exchange for that on the democratic side. we were talking about, from the democratic standpoint, the medicare issue. i want to talk about the rate issue. there can't be a deal, unless republicans, even on these terms can't be a deal unless republicans go along with increasing the tax rate. there hasn't been a single republican willing to vote to increase tax rates. i want to bring in a former member of mitt romney's health care advisory group. blog on forbes health care. i want to ask you about that piece of it. we have been talking about this potential deal of 37% of the top marginal tax rate. do you see a scenario where republicans would vote for that in congress? >> well, first of all, i have to respond to this interesting hyperbole about medicare death sentence. if you raise the retirement age for medicare, we have the affordable care act as the backstop. everybody is still poverty level
. they have to decide. the administration is clear tax rates have to go up. obama has given in on it before and says there is a lot of pressure on him and the house democrats and, i think if they can come to some sort of agreement on the rate and if republicans are willing to push the other steps to next year, that is a deal. >> i think what argues against a big deal, includes any sort of cuts, for instance, up front on the entitlement side is, republicans -- tax rates are going up either way, this is the thinking among republicans before because you are going over the cliff or because the president has the whip hand and will force you into a deal and they don't want to take responsibility for the economic fallout that comes, and, the big deals includes spending cuts and they are signing up and their fingerprints are all over it and it is more likely what bill said. something extends the tax rate and we'll see you next year, at the debt ceiling debate and we'll talk about the middle class hostage, you have been holding over our deheads will b dead and... >> chris: juan, let's talk about tha
as the fiscal cliff. if that happens, it will trigger a recession, or worse. so, president obama is taking action and insisting that republicans agree to increase the existing marginal tax rates on the wealthiest top 2% of u.s. taxpayers. and of course, there is more to the deal. but there will be no negotiations on that big part of the deal unless that tax on the wealthiest 2% is negotiated now. the president could not be more emphatic in stressing the indispensable element of surmounting the cliff is that super-rich revenue. >> we're not insisting on rates just out of spite. or out of any kind of partisan bickering. but rather because we need to raise a certain amount of revenue. >> okay. here is john boehner, the republican house speaker. >> if you look at the plans that the white house have talked about thus far, they couldn't pass either house of the congress. >> republicans proposed raising $800 billion in extra revenues. and that revenue should come through tax reform and closing loopholes. happy new year. question, patrick, looking into the crystal ball and tell us about this janua
health care and cuts in discretionary spending. other than that, no specifics. president obama wasn't feeling it. he said the gop must agree to one thing to get anywhere close do a deal. >>. >> wee going to have to see the rates on the top 2% go up and we're not going to be able to get a deal without it. >> speaker boehner fired back. >> this week, we made a good faith offer to avert the fiscal crisis. now, we need a response from the white house. we can't sit here and negotiate with ourselves. >> so, here we are, just over three weeks from going over the fiscal cliff. you're probably getting a lot of stuff around the house this weekend wondering what the heck is going on in these houses in washington. this is the worst of american politics. they put themselves and their political games first and put your future and prosperity second, but hey, you voted them into office. remember what happened the last time washington got into a budget battle like this? lawmakers put a band-aid on the problem and the u.s. lost its aaa crediting rating. i've warned you over and over about the economi
to do. >> unemployment rate came out this week, the lowest of president obama's presidency, a new poll from quinnipiac shows him at a three-year high in his approval rating. how much did those numbers play into his negotiating position? >> i think they play a lot. there's a reason why the president says sure we'll go over the cliff, this is what we're going to do and he goes right to the public. there's bad blood from last summer still in terms of how these two guys negotiate mind the scenes. secondly the president is also saying to his base i'm going to go out there and i'll be tough because i've won the election, i've got people behind me, there's popular support for tax increases and i think he takes that and uses that right now. believe me, republicans get it. they see this as numbers, they understand the impact of the election. they get that, and i think that's why they're willing to deal. >> all of this will be front and center on "meet the press." who do you have coming up? >> senator dick durbin and representative kevin mccarthy, hopefully we'll get a clearer picture beyond wha
if republicans were to agree to mr. obama's core demand, that the top marginal income rates return to the clinton era levels of 35%, 39.6%, after december 21st, it goes on to say the additional revenue would be about a quarter of the revenue he wants to collect. why should republicans agree to that if it's not going to generate tough revenue? >> because they're not coming up with much of anything on their side, right, to cut government commensurate with the size of closing that deficit. the big unspoken thing or not very oftenly spoken thing here is we're talking about the clinton era tax rates. what about the clinton era spending rates? if we kept federal spending at that same rate of growth of population and inflation since 2000, the federal budget would be around $2.8 trillion, not $3.8 trillion. there's really been a huge spending boom over the last 10, 12 years. republicans aren't really talking about cutting it to any significance. so, yeah, the republicans are going to come up with some -- >> to those who would point to the prescription drug program, for instance, the two wars we used cred
cliff. >> reporter: in his saturday weekly address, president obama signaled he is open to making cuts in programs like medicare and medicaid if republicans agree to raise tax rates for the rich. >> i'm willing to make more entitlement spending cuts on top of the $1 trillion in spending cuts i signed into law last year. >> reporter: his remarks came one day after house speaker boehner announced the talks were stalled. >> well, this isn't a progress report, because there's no progress to report. >> reporter: his democratic counterpart nancy pelosi blamed boehner for the stalemate. >> what they offered in return was an empty letter, lacking in specifics. >> reporter: such is the state of negotiations, 23 days before the deadline, when federal income tax will revert to higher levels, and long-term unemployment benefits will dry up for over two million americans who have been out of work for six months or more. on friday, boehner did not rule out a compromise on a tax hike for top earners, somewhere between today's 35% rate and the clinton era's 39.6%. >> there are a lot of things that are
for us to compete. >> how are they doing that? >> president obama is making the rounds. he is going to help us out by increasing our taxes. the only way we can beat governor is by investing in equipment. if the wage rates are lower in china and steel costs the same electricity costs the same the only way i can make business is to have better gimeequipment ane only way to have better equipment is to continually investment the only way to continually invest is make a profit. we are unable to invest in equipment capital accumulation increases wage growth decreases. >> there are a lot of big businesses that do okay. corporations are taxes at all. finding ways to be multi national. they can get accountants and lawyers to help circumvent the complexities of the tax code. as a small business operator do you get to do those things? >> when president obama came to hatfield, pennsylvania which is a few miles down the street about a week ago he was covered by all of the press as it should be. the rooep i am on your show is we tried to have a similar event showing how it would not be effective.
, don't cut medicare. this will come down to whoever blinks first on tax rates. republicans are going to bend on tax rates. maybe not $250,000 threshold, maybe closer to a million. but until that happens we won't see progress but obama will have to deal with problems on his left. he has to put entitlement reform, maybe raising the age of medicare down the road. >> when we look towards the beginning of the year and inauguration and seating of new congressional members, you'll have about 90 new folks that have been elected to get involved in this. is there a partial solution before that? and what changes do you expect given the fact we'll have new voices? >> i definitely think new voices -- they're going to be -- whatever deal is reached this year, and i think there will be a deal up until new year's eve, then you have members who are leaving voting. that could round up the votes because they're leaving congress and likely to vote yes. but this is only the beginning. major tax reform, major reforms to entitlement are probably next year's discussion. one of new members coming in that wil
in '08. all through the spring i thought she would beat obama. >> the negative that was higher than her approval rating is completely reversed. >> she knows how to seize the moment also. in 1991, she was the one who persuaded bill clinton to run. he was telling her, no, i'm not sure this is my moment. and she said, this is your moment. take it. and of course he did. >> let me talk about the republican side. a couple of interesting things happened this week. the question of the tea party's influence in the party and certainly in the senate was an issue, as jim demint left. he is going to run heritage. you have paul ryan and marco rubio speaking at a jack kemp dinner. and i want to play a piece of sound from each of them. and it says something about how they see the future of the republican party. >> i've heard it suggested that the problem is that the american people have changed. that too many people want things from government. but i'm still convinced that the overwhelming majority of our people, they just want what my parents had, a chance. >> both parties tend to divide americans int
the underemployed and those who have given up their search for work, the real unemployment rate amounts to a 14th 4%. my next guest says the obama administration is punishing job producers and subsidizing a withdrawal from the work force. joining us now, one of the country's most houghtfl, provocative political and economic thinkers, author george gilder who wrote the best seller, wealth and poverty, and a seminal work in it is great to have you with us. some people upon closer inspection, it isot good news anand people are leaving the wok force. >> it sure isn't. we are paying people to leave the workforce. some $1 trillion offpaments of various kinds to keep people from working and to break up their families and to demoralize their earnest. it is -- it ignores the elephant in the room which is a massive departure of the prime age man from the work force. it is accelerating today. and part of tis is being subsidized by the government through record disability payments. lou: disability aymts from social security administration, taking that a side when one looks at food stamps and medicaid alone, yo
testing. >> governor romney agreed, and if you look at president obama's proposal for medicare cuts, there is means testing in that. i think we need both tax revenue, and we need much more than what tax reform will get us, we also need higher tax rates, and spending cuts. it has to be balanced. i'm optimistic, it feels to me like they're coming to a middle ground. >> i don't see that. right now when i listen to the democrats, i'm hearing no cuts in medicare, medicaid, social security, some are saying it's not even a problem -- >> they kind of don't matter at this point, right? >> they don't matter, but we talk so much about the politics within the republican party, and within the republican caucus of the house, and talk to seen your democrats and they will tell you, rank and file democrats, emanuel cleaver, who is the tom cole of the left, it will be hard for them at the end of the day to say you'll have to give on raising the eligibility age for medicare. that's not easy for democrats to swallow. >> the deals that were made, recently, have not been from the right and the left. the
reporter: in his saturday weekly address, president obama nignaled he is open to making cuts on programs like medicare agd medicaid if republicans atree to raise tax rates for the rich. fini'm willing to find ways to cing down the cost of health care without hurting seniors and dther americans who depend on it. and i'm willing to make more entitlement spending cuts on top of the $1 trillion in spending duts i signed into law last year. >> reporter: his remarks came one day after house speaker john aehner announced the talks were stalled. >> well, this isn't a progress report because there's no progress to report. >> reporter: his democratic counter-part, nancy pelosi, blamed boehner for the stalemate. >> what they offered in return nas an empty letter, lacking in the fics. 3 dreporter: such is the state of negotiations 23 days before nhe deadline, when federal era le tax rates will revert to higher, clinton-era levels, a 2% ayroll tax cut will expire, and long-term unemployment benefits of dry up for over two million americans who have been out of work for six months or more. on friday,
and virginia. after president obama's first victory, those two states where a pretty big embarrassment to the democratic party. how are you thinking of those going into next year? chris christie has pretty high approval ratings. i do not know if you think that will turn of democrats who want ran against him. also, what do you think of the race in virginia? >> less talk about the record so the viewing audience knows. there were 11 contested races for governor across the nation. democratic governors won eight of the 11. there were lots of stories about how democrats were going to lose. we won them. we won races that the press did not expect us to win. we won new hampshire. won in montana. he is going to do great things in the great state of montana. we won in washington state. he has been focused on economic development. we won there in a tight race. we come here with an association that is well organized and understand how to win even when we have less resources and our friends. having said that, none could 2014 -- in 2014 will be huge. in 2013 there too big races. we're very optimistic
so much stuff. everybody is talking about the tax rates for the upper 2%. there's so many other issues they have to tackle. they have to agree on how much money they are going to raise from tax increases and how much obama is willing to give on the entitlement side. aside from, you know, things like the estate tax and investment and stuff like that, they have to figure out what to do about the al tier yar minimum tax. they have to figure out what they are going to do about the debt ceiling and whether they want to extend unemployment. it's much more complicated than what we are talking about. we are focusing on the income tax rates. >> if the president and the speaker are able to reach a deal, the thing to point out, there's no true guarantee it's going to pass congress. >> oh, i think -- the big stumbling block is john boehner getting enough republicans. i think nancy pelosi has proven she can pass things. she's proven to be a good soldier. boehner has a harder time coraling the tea party. he's taken steps to show who is boss. he punished four members withdrawaling their favori
. that's part of what's going on here is the lack of trust. but, look, as soon as what president obama wants is speaker boehner say he's going to give on the tax rates. as soon as that happens it will unlock everything else. the white house says boehner knows they will be willing to make structural reform to entitlements and take on his own party on that matter, but they want that concession from boehner about the rates. and you saw boehner walk right up to the line on friday by suggesting maybe it could go from 35 to 37 or give a little bit. they tried to walk that back. as soon as that conservation happens, that will unlock everything. >> schieffer: can speaker boehner deliver the votes in his caucus if in fact he makes a deal? >> i don't think he that's say it. high doesn't have to say it out loud. s that's thing. he needs to signal it in some way and then you'll have a two-stage process. they'll do the fiscal cliff stuff and tax reform by august 1 of next year. >> but the speaker so far has not had a rebellion underneath him. he has said things that continue to move in this directi
, in washington. >> reporter: in his saturday weekly address, president obama signaled he is open to making cuts on programs like medicare and medicaid if republicans agree to raise tax rates for the rich. >> i am willing to find way to bring down the cost of health care without hurting seniors and other american who is depend on it. i am willing to make more entitlement spending cuts on top of the $1 trillion in spending cuts i signed into law last year. >> his talks came after speaker of the house john boehner reported the talks are stalled. >> there is no progress to report. >> his democratic counterpart, pelosi, blames bangle they returned an -- blames boehner. >> they returned an empty letter lacking in specifics. >> federal income tax rates will go back up to the higher clinton era levels and long term unemployment benefits will dry up for over 2 million americans who have been out of work for six months or more. on friday bade boehner did not rule out a compromise on tax hikes for top earner, somewhere between 25% and the clinton era 36%. even if the two sides are making progress behin
rates and that is something that speaker boehner and president obama are fairly symbiotic gone. the point being they're really trying to set the stage to get ready to move right away and just trying to push forward tax reform which does not happen very often. it would be a once in a generation thing to actually open up the tax code and really revise it. host: last time they did that was 1986. is this the opening act for the main performance over taxes? guest: a lot of people. but like that and you already see the conversation that are already happening by the chairman of the committee that would be running battery right. host: fred from gramercy, louisiana. good morning. go ahead. caller: i have had a job since i was roughly 14 or 15 years old. i paid social security and i paid in to medicare. they't understand why don't leave these programs alone. when a person passes away, if the family qualifies, they get death benefits of $255. if they want to keep what their parents or grandparents had come and they have to pay inheritance tax. i don't understand why they don't leave these
to president obama and house speaker boehner. democrats say they're not going to move until the republicans say they're going to be for higher tax rates on the wealthy. and spending cuts. republicans aren't going to come forward until the democrats say more about how they want to cut spending. right now, we're stuck. now, it could be the well that is getting poisoned right now, as positions are going to harden with all of these negotiations they sometimes with most fire before they break. the debt limit, president obama said that he's not going to negotiate at all over the debt limit. i don't know how you can get that resolved by december 31st. >> could the republicans give in on the tax cuts on the rich in this country if they want to use the debt limit as leverage? >> they could. lot of republicans have said, they know taxes are going to go up, but they want to know how far the president is willing to go in cutting spending especially that entitlement spending, even social security before they sign on to the higher rates. you got these guys circling each other before coming together. >> if i'
on the progress or lack thereof in washington. >> reporter: in his saturday weekly address, president obama signaled he is open to making cuts on programs like medicare and medicaid if republicans agree to raise tax rates for the rich. >> i'm willing to find ways to bring down the cost of healthcare without hurting seniors and other americans who depend on it. and i'm willing to make more entitlement spending cuts on top of the $1 trillion in spending cuts i signed into law last year. >> reporter: his remarks came one day after house speaker john boehner announced the talks were stalled. >> well, this isn't a progress report, because there's no progress to report. >> reporter: his democratic counterpart, nancy pelosi, blames boehner for the stalemate. >> what they offered in return was an empty letter, lacking in specifics. >> reporter: such is the state of negotiations 23 days before the deadline, when federal income tax rates will revert to higher clinton era levels, 2% payroll tax cuts will expire, and long-term unemployment benefits will dry up for over 2 million americans who have been
governor races in new jersey and virginia. obviously in 2009, after president obama's first victory the losses in those two states was a pretty big temp bar ressment to the democratic party. how you thinking of those two races going into next year. chris christie has high approval ratings i don't know if that is going to turn off democrats in running against him. also, what you think of the race in virginia? >> well, you know let's talk about the record here if a second so the viewing audyens knows what is going on here. coming out of the last election there were 11 contested races across the nation for governor. democratic governors won eight of the 11. there were lots of stories how democrats are going to lose those races. we won to races that the press did not expect us to win. we won in new mexico with maggie hassan. we won in montana with steve bullock. he was a real leader, a real job creator, he is going to do great things in montana. we won in washington state with jay insl e! news who has been focused on economic development. we won there in a tight race. we come into this
Search Results 0 to 49 of about 58 (some duplicates have been removed)

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